JASO Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of JA Solar Holdings Co Ltd ( JASO) crossed below their 200 day moving average of $9.51, changing hands as low as $9.50 per share. JA Solar Holdings Co Ltd shares are currently trading off about 6.9% on the day. The chart below shows the one year performance of JASO shares, versus its 200 day moving average:

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JA Solar Holdings Co Ltd 200 Day Moving Average Chart

Looking at the chart above, JASO's low point in its 52 week range is $3.69 per share, with $13.14 as the 52 week high point — that compares with a last trade of $9.51.

According to the ETF Finder at ETF Channel, JASO makes up 2.35% of the Guggenheim Solar ETF ( TAN) which is trading lower by about 5.7% on the day Thursday.

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